June 24, 2022 12:23 GMT
Russia Reluctant to Comment on Nord Stream 2 Nationalisation
NATURAL GAS
Russia has been quiet on Germany’s potential plan to nationalize a section of the Nord Stream 2 gas pipeline, reported in Der Spiegel today.
- "Let’s not delve into hypothetical discussions. If there are any specific actions, then first of all, lawyers will be the ones responsible for providing a legal assessment of such actions, if they are indeed being discussed," Kremlin Spokesman Dmitry Peskov said on the matter, adding, "Without knowing the essence of what is happening, it would be wrong to say anything".
- Der Spiegel reported that the German Ministry for Economic Affairs and Climate Protection is studying plans to nationalize the German section of the Nord Stream 2 pipeline and connect it to a floating terminal for receiving liquefied natural gas.
- The CEO of Gazprom Alexey Miller, has previously said that both strings of the Nord Stream 2 are operational and gas can be delivered to Germany at any moment.
- Nord Stream 1 is currently delivering gas from Russia to Germany at 40% capacity, with Gazprom citing repair issues.
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